USDTRY Technical Outlook Before The Interest Rate Decision

Price pattern is suitable for scaling in.

If the price breaks the price pattern with the help of the rate decision, 5.82 level will be easy.

If not, we still don't think that prices lower than 5.65 is not permanent.

Than you for your likes and comments. Keep them coming.

Good luck.

Trade geschlossen: Stop wurde erreicht:

Our bias stays intact but cutting losses under 5.65 level is the wise action to take for now. We'll monitor the pair for future long opportunities.